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Vietnam to have high-speed undersea cable

HCMC - An undersea cable system—the Asia Direct Cable (ADC)—that is set to span multiple countries including Vietnam with a bandwidth of over 140...

HCMC hotels suffer despite big discounts

HCMC – Despite the modest number of domestic guests and discounts of 30%-40% or higher on offer, hotels in HCMC are still unable to...

Some 1,000 Chinese workers to arrive in Quang Ngai

HCMC – The railway sector will arrange multiple trains to transport some 1,000 Chinese experts and employees to Quang Ngai Province this month upon...

BOT toll stations sans ETC systems must stop operations from Dec 31

HCMC – Issuing a decision on non-stop fee collection on June 17, the Government ordered all build-operate-transfer (BOT) toll stations on which electronic toll...

Japan, UNDP help households in southern Vietnam to fight Covid-19

HCMC – The United Nations Development Program (UNDP) and the Embassy of Japan in Hanoi announced the provision of basic support including 1,300 packages...

HCMC eyes deployment of technology to manage road traffic

HCMC – The HCMC transport authority is set to grant over VND1.44 billion in funding for a pilot scheme that involves using technology to...

WB forges strategic partnership with Phu Yen Province in central Vietnam

HCMC – The World Bank and the authority of Phu Yen Province on June 12 signed a memorandum of understanding, establishing a partnership for...

Transfer pricing among FDI firms causes severe tax revenue loss

HCMC – Vietnam’s tax collection has suffered heavy losses in the past few years as a result of transfer pricing among foreign-invested firms operating...

Tourism authority told to account for proposal over 400 free air tickets

HCMC – The Ministry of Culture, Sports and Tourism has asked the Vietnam National Administration of Tourism to explain its proposal asking air carriers...

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